SHORT SALE INFO BUYERS SELLERS FAQs REAL ESTATE BLOG

ATTENTION HOMEOWNERS:
Behind on payments? Facing Foreclosure? Little or no equity?

A short sale may be an option for you; contact us to discuss your unique situation.

welcome

If you are looking for real estate agents that specialize in short sales in Minnesota, we are here to guide you through this long and complicated process. With only about two out of five short sales approved by lenders, it helps to have experienced agents to assist you through all phases of a short sale.

To get a better understanding of the Minnesota short sale process and how it can help you, please take a look at the short sale information links to the left and give us a call. We can show you how a short sale, when negotiated the right way, can help you out of your bind.

What is a Short Sale?
A short sale, also known as preforeclosure, is the sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure; and the owner is able to pay off the loan for less than what they owe.